Americans can Apply NOW for monthly direct payments of $200 – see the exact deadline and when they will be sent out
A NEW guaranteed income program began accepting applications in late June, and families take only days left to apply.
The pilot initiative volition transport $500 to 155 Madison, Wisconsin families each calendar month for a year, according to a city press release.
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There will be no restrictions on what selected households tin exercise with the money, and families can apply until July 3.
Selected families will exist notified in mid-July, co-ordinate to the city, and payments should begin in August or September.
To be eligible, families must take at least i kid nether eighteen in the household, and an income under 200% of the Federal Poverty Line.
For 2022, that cutoff would be $55,500 for a family unit of four according to the Us Department of Health and Human Services.
From the group of qualified applicants, 155 families volition be chosen at random to receive payments from the Madison Forrad Fund.
The initiative was launched to help Madison residents make ends run into, particularly equally inflation remains at high levels.
"We know that monthly greenbacks aid can assist families access good for you food, buy schoolhouse supplies, or fifty-fifty get a ameliorate job," Madison Mayor Satya Rhodes-Conway said.
"A guaranteed income tin can also improve the mental and physical health of recipients. Piloting this program in Madison non only helps Madison families, it helps build the example for a national guaranteed income program."
Virtually read in Money
In full, the city will disburse $930,000 in direct payments to residents.
In addition to the direct payments, participants in the plan will also have the option to fill out surveys as part of the research component of the pilot, and will receive additional compensation.
Some non-participating families will as well be asked to fill out surveys, and will also get paid for responding.
According to the city, the data will be used equally part of a joint written report between the Universities of Pennsylvania and Madison-Wisconsin on the furnishings of guaranteed income programs.
The funding for the program was provided by 10 organizations, including Mayors for a Guaranteed Income (MGI).
"Providing the stability of a guaranteed income volition assist the selected families in the short term, and help us level up to the end goal of providing an income floor to all who need it," MGI founder Michael Tubbs said.
Families can apply online, and the awarding is bachelor in English, Spanish, and Hmong.
For the latest news on stimulus payments nationwide, check out The Lord's day's live weblog.
The Sun too compiled a listing of more than forty cities and states offering direct payments.
Source: https://www.the-sun.com/money/5682308/madison-wisconsin-guaranteed-income-pilot-2/
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